Four-Unit Residential
For Sale
$1,388,000
1055 -1059 Roswell, Long Beach, CA 90804
Four residential units near Long Beach shopping, schools, parks, restaurants, and major freeways.
Property Size5,846 SF
Days on Market60
Property Features for 1055 -1059 Roswell
General Information
Standard status
Active
Size
5,846 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Recreation Park
Highway Access
Yes
Additional Details
Multifamily Units
4
Building Details
Building Size
5,846 SF
Year Built
1923
Stories
1
Listing Agency:
Wetrust Realty
Listed By:
Karen Wu · License #01515481
(626) 203-5227
Source:
Nolanrossre.kw
Added: Aug 29
Changed: Oct 25
Last Checked: Oct 26 at 12:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wetrust Realty
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Investment Insights
Based on property information with market context.
This residential quadplex at 1055–1059 Roswell in Long Beach contains four units and was built in 1923. The property is identified as a residential income asset and offers a four-unit configuration for continued rental use.
The property is near shopping centers, restaurants, schools, and parks, with California State University Long Beach also in the surrounding area. Major freeways provide access to the broader region, while the beach and local attractions are a short drive away.
The property is near shopping centers, restaurants, schools, and parks, with California State University Long Beach also in the surrounding area. Major freeways provide access to the broader region, while the beach and local attractions are a short drive away.
Key Highlights
- Four‑unit residential income property
- Built in 1923
- Located at 1055–1059 Roswell, Long Beach, CA 90804
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,693
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,860
$2.5M
Cap Rate 7%
$1,795,614
$1.8M
Cap Rate 9%
$1,396,589
$1.4M
Market Conditions
NOI Build-Up for 5,846 SF
Gross rent
$189.4K $32.40/SF
− Vacancy
−$9.8K −$1.68/SF
EGI
$179.6K $30.72/SF
− OpEx
−$53.9K −$9.21/SF
NOI
$125.7K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,860
Cap Rate 7%
$1,795,614
Cap Rate 9%
$1,396,589
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.57M – $2.09M
NOI $125,693 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$1.60M
$1.40M – $1.86M
NOI $111,796 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,095 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,302
Businesses Nearby
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units near Long Beach shopping, schools, parks, restaurants, and major freeways.
Where is this quadplex located?
The property is located at 1055 -1059 Roswell Long Beach, CA.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Four‑unit residential income property; Built in 1923; Located at 1055–1059 Roswell, Long Beach, CA 90804
